Fifth Third Bancorp Plans Quarterly Dividend of $0.55 (NASDAQ:FITBI)

Fifth Third Bancorp (NASDAQ:FITBI) announced a quarterly dividend on Wednesday, December 11th,Wall Street Journal reports. Investors of record on Friday, December 27th will be given a dividend of 0.5479 per share on Tuesday, December 31st. This represents a $2.19 annualized dividend and a yield of 8.53%. The ex-dividend date of this dividend is Friday, December 27th.

Fifth Third Bancorp Stock Performance

Fifth Third Bancorp stock traded down $0.09 during midday trading on Wednesday, hitting $25.69. 33,924 shares of the stock were exchanged, compared to its average volume of 29,853. Fifth Third Bancorp has a 1 year low of $25.04 and a 1 year high of $26.25. The company has a 50 day moving average price of $25.64 and a two-hundred day moving average price of $25.75.

Fifth Third Bancorp Company Profile

Fifth Third Bancorp operates as the bank holding company for Fifth Third Bank, National Association that engages in the provision of a range of financial products and services in the United States. It operates through three segments: Commercial Banking, Consumer and Small Business Banking, and Wealth and Asset Management.